GREENWAY BLOG

A greener look at a mortgage process unlike anything you have
experienced before. Where experience, efficiency & integrity meet.

MarketMinute | Builders increase incentives

MarketMinute | Builders increase incentives

Challenger reports a sharp decline in layoffs in December. Job cuts hit a 17-month low, potentially signaling labor market stabilization. After falling in November, private payrolls rose 41K in December, slightly below expectations, according to private payroll company ADP. Minimum wages went up in 19 states in January. Most rose to $15/hour or more, providing a pay bump for an estimated 8.3 million workers. The median existing home price rose to $409,200 in November, according to NAR. Home prices are...

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MarketMinute |  First Market Update of 2026

MarketMinute | First Market Update of 2026

The Consumer Price Index rose 2.7% in November, below expectations but higher than the Fed’s stated goal of 2% inflation. Fed meeting minutes show officials see room to cut rates more if inflation keeps easing, though they are split on how much to cut and when. Jobless claims fell last week to the lowest in a month. The unemployment rate likely remained high in December due to sluggish hiring. Pending home sales surged to the highest level in nearly 3 years in November, as improving affordability...

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MarketMinute | Inflation is lower, but why not mortgage rates?

MarketMinute | Inflation is lower, but why not mortgage rates?

Inflation came lower than expected for November, but the data came with concerns about gaps in collection during the long government shutdown. More jobs were created in November than forecast, but slumped in October as unemployment hit 4.6%, the highest in four years. Retail sales were little changed in October, with 8 of 13 categories increasing, despite a falloff in consumer sentiment and increased layoffs.   Builder confidence crept higher in December but still ended the year in negative...

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Renting or Owning: Which Costs More?

Renting or Owning: Which Costs More?

  Does it cost more to rent or own? The answer may surprise you. Many people assume renting is cheaper — but the reality is more nuanced. Comparing housing costs isn’t just about monthly payments. It’s about long-term financial impact, equity, tax benefits, and lifestyle choices .       Even with numbers like these some still say renting is better: "Investing in a home is riskier than renting."  No risk, no reward. Besides, even studies conducted by the Federal Reserve show that owning can provide a net worth that is from several to hundreds of times...

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MarketMinute | What can't the Fed rate cut do?

MarketMinute | What can't the Fed rate cut do?

Jobless claims rose last week by the most since the onset of the pandemic, underscoring volatility in the labor market this time of year. The Fed cut its policy rate this week, its third cut of the year, even as many officials signaled they didn't support the move. Job openings rose slightly in October, but weak hiring and the lowest quits rate in five years highlight economic uncertainty. Fed Chair Powell said Fed actions won’t solve housing market struggles, including the supply shortage or...

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